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Job prospects grow as apprentices fill skills gap
Enthusiasm for training young recruits is a sign of labour market recovery
Job prospects are brightening for Britain’s young people as employers plan to hire more apprentices to deal with skills gaps in their workforce
HMRC eyes £19bn in underpayments
Almost £19bn of potential tax underpayments by large businesses are being scrutinised by Revenue & Customs, which considers cross-border transactions to be the biggest source of inaccuracies
Companies set to face pressure from trustees as pension funding gap widens
UK companies are paying less towards meeting their pension shortfalls than at any point since 2009, even as aggregate pension deficits reach their highest level in five years.
The Daily Telegraph
SMEs frustrated at wait for bank referral scheme to get under way
Small firms are still waiting for the promised bank referral scheme, announced by the Government a year ago, that would force lenders to suggest alternate financing options to those refused credit.
Sunny retail sales figures fade away as rain drives shoppers home
Britain’s topsy-turvey weather dampened a sunshine sales boost for the nation’s retailers last month.
A heatwave at the start of July prompted shoppers to splash out on updating their summer wardrobes, but sunny enthusiasm was rained off later in the month with consumers choosing to hunker down with takeaways instead.
Drive out of your way for cheaper fuel? It’s futile
Motorists who drive out of their way to find cheaper fuel are wasting their time and money, a study suggests.
Travelling just two miles extra is “pointless” unless the saving is greater than 1p per litre on diesel or petrol, according to research into fuel prices and car efficiency.
The Daily Mail
New holiday car hire shambles!
Drivers go to all that trouble getting special code now that paper part of licence is axed….but firms don’t even bother to ask for it
Thousands of British drivers may be wasting their time jumping through needless bureaucratic hoops to hire a car for their summer holidays.
£10k refund on parking fines
A council has been ordered to repay £10,000 of fines given to drivers whose parking tickets were face down, a tribunal ruled.
Green light for roads that power your car
Trials of Scalextric-style roads will start within weeks as part of a multimillion-pound plan to encourage motorists to drive electric cars.
Tests on practice tracks will begin in the autumn to develop technology that allows electric and hybrid cars to be charged as they are driven. The wireless system involves transferring power from an electric cable buried in the road to a passing car, dramatically boosting the vehicle’s range.
Land Rover finds Slovakia 4×4 better
Production of the new Land Rover Defender— the vehicle descended from the original postwar Land Rover— is to be switched to Slovakia, prompting fears that thousands of British workers will have their jobs exported to Eastern Europe.